In its longstanding efforts to meet the needs of its clients and provide them with an integrated service lineup, Jordan Ahli Bank announced the foundation of its Financial Leasing Company (FLC) as a wholly-owned, independent company by Jordan Ahli Bank, with startup capital of JD 20 million. The company will offer various financial services to companies, institutions and individuals.
The launch of FLC comes to crown the success achieved by Jordan Ahli Bank’s Financial Leasing Department over the last two years. The department was founded in late 2007 and has, since then, delivered leasing contracts with a net value of JD 53 million. The expansion and launch of the department as an independent company is a continuation of its pioneering role in complementing the bank’s rich lineup of high end financial services.
Commenting on the launch, HE Mr. Marwan Awad, CEO and General Manager of Jordan Ahli Bank said: “The launch of Financial Leasing Company is a reflection of the bank’s policy, which prioritizes the continual development of the bank’s services and ensures the provision of a fully integrated service lineup. This step constitutes a milestone in the bank’s legacy, which foretells of a coming period that is replete with success and excellence.”
The company commenced its operations in early 2010. The Bank will organize an inauguration ceremony for its VIP clients to commemorate this important landmark in its history.
